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Record-Setting Winter Storm Cuts Off Power Supply In Texas
President Joe Biden has declared a federal emergency as Ice storms, heavy snow and freezing rain knocks out power, closes roads and in southern Texas. Over two million people were left without power supply and 1000 flights cancelled as temperature plummets to -5C in in Houston and Dallas. Rolling power outages were also brought in…
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Clubhouse Reaches $1.2 Billion Valuation in 11 months
Some eleven months after its launch in March 2020, new reports have revealed that Clubhouse is now valued at $1.2 billion even though it has yet to post a revenue. Free to all IOS users and currently operating without ads, Clubhouse currently boasts an estimated 2 million weekly active users on the back of its voice-based chatrooms. With the…
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Shell Set To Invest In Renewable Energy
Oil giant Shell has said it wants to invest more in renewable energy in an attempt to reduce the net amount of carbon dioxide that ends up in the atmosphere and ultimately coping with the drop in oil prices. Last week, Shell reported a net loss of $21.7bn (£16bn) last year after a drop in demand…
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WTO DG Warns Against Vaccine Nationalism
World Trade Organization’s new Director-General, Ngozi Okonjo-Iweala has said vaccine protectionism must be stopped in order to win the fight against the pandemic. In recent weeks, several countries have reportedly tried to prevent the export of vaccines made within their borders but Dr Okonjo-Iweala has said this most be stopped as protectionism would hinder a…
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Ebola Outbreak Triggers New Border Control Directives In Nigeria
The Federal Executive Council (FEC) has directed the Ministry of Health in Nigeria to step up surveillance at the nation’s borders, following new reports of an outbreak of the Ebola Virus Disease (EVD) in Guinea and the Democratic Republic of Congo (DRC). The Council’s directive was disclosed at a State House briefing by Minister of…
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Guinea On High Alert As Ebola Death Toll Rises In Days
With a death toll of over 11,000 in 2014, new reports have revealed a fresh outbreak of Ebola on Sunday in Guinea which has now claimed four lives. Guinea reported an outbreak of Ebola on February 14, 2021, the first return of the disease there since the 2013-2016 surge, with cases and deaths reported in the…
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Ford Set To Build Electric Mustangs In China
The US carmaking company has announced that production of its iconic Mustang Mach-E will start later this year as it looks to tap into China’s electric vehicle (EV) market. Demand for Electric Vehicles in China In 2018, 1.255 million new energy vehicles (plug-in electric vehicles and plug-in hybrids) were sold in China – a 62%…
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Report: Contraceptive Sales Skyrockets In February
The American Sexual Health Association (ASHA) recognizes February as National Condom Month. While this might not come as a shock to many, it might surprise you to know that new reports have confirmed what you probably thought might be true. Research by the Society for Family Health (SFH) which factored the Nigerian population and the…
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Experts Warn Lithium Mining Might Destroy Fragile Ecosystem
According to sources, between 2015 to 2018, the demand for lithium carbonate a key ingredient in manufacturing rechargeable batteries tripled. Despite the uncertainties of the previous year, there is a potential or existing demand for tech products like electric vehicles (EVs), smartphones which would cause a more balanced lithium market expected in 2021. Experts claim that…
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Statistics Show US Unemployment Rates Still On The Rise
The Labor Department has said the unemployment rate in the US fell to 6.3%, down 0.4 percentage points from December. Despite the steady economic growth, the US economy has only been able to add only 49,000 jobs in January leaving the country about 10 million jobs short of where it stood in February 2020, before…